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AMAG Austria Metall AG benefited in Q1 2016 significantly from plantexpansion

Published: May 3, 2016; 07:31 · (Vindobona)

AMAG Austria Metall AG has made a good start to 2016. With revenue of EUR 227.8 million (Q1/2015: EUR 231.0 million) and earnings before interest, tax, depreciation and amortisation (EBITDA) of EUR 32.7 million (Q1/2015: EUR 35.3 million), the previous year's levels were almost reached, although the lower aluminium price exerted a negative effect on earnings of around EUR 16 million.

AMAG Austria Metall AG benefited in Q1 2016 significantly from plantexpansion / Picture: © Vindobona

 

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quarterly report

- Shipment volumes up 9.5 % to 103,700…

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